Category: Brazil

Brazilian Senator Rodrigo Pacheco assessed the possibility of taking advantage of a “window of opportunity” after the elections, and before the end of the current legislature, to vote on the gambling regulation, thus avoiding possible opposition from any new parliamentary composition. The parliamentarians who defend the bill which allows gambling in the country see the…

Veteran industry lawyer Witoldo Hendrich Junior, Chief Legal Officer for Brazil and Partner at registered payment facilitator Online IPS, has warned of the significant dangers of attempting to enter LatAm markets prematurely and without the necessary knowledge. Speaking ahead of the company’s appearance at ICE London, stand N10-585, the Online IPS partner, who has lectured…

Brazil’s House full floor on Wednesday night voted in favor of a bill that legalizes gambling, including the operation of casinos, bingos and the legalization of the “jogo do bicho.“ Bill 442/91 was approved by 246 votes in favor and 202 against, with 2 abstentions. Some proposed key points will be further discussed on Thursday…

Brazil’s President Jair Bolsonaro on Monday warned evangelical leaders that he will veto gambling legalization if the issue is approved in Congress. And on the same day, the request for urgent treatment in the Chamber of Deputies was withdrawn from the agenda, in the midst of a strong evangelical attack against this proposal. Pastor Silas…

The project that the “Regulatory Framework for Gambling in Brazil” creates was presented in the Chamber of Deputies 30 years ago and was approved in 2016 by a special committee of the chamber. According to Brazil’s BNL Data portal, the plan of the working group created by the president of the Lower Chamber is to…